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Monero cryptocurrency drops more than 4% within 24 hours

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In the last 24 hours, Monero’s The XMR/USD price fell by 4.47%. $162.05. It continues its negative trend from last week, where it recorded a loss of 4.0%, falling from $173.96 to the current price.

The chart below compares Monero’s price movement and volatility over the past 24 hours (left) with its price movement over the past week (right). The gray bands are Bollinger bands, which measure volatility for both daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the greater the volatility.

The coin’s trading volume slumped 39.0% over the past week, while the coin’s circulating supply increased 0.1%. This brings the circulating supply to 18.45 million. According to our data, XMR’s current market capitalization is ranked 34th at $2.98 billion.

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This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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